America’s economy is bigger and better than ever

2024-10-17T09:16:09.827Z

Will politics bring it back to Earth?

Few sights have better captured America’s world-beating ingenuity. On October 13th a giant booster rocket built by SpaceX hurtled to the edge of the atmosphere before plunging back to Earth and being neatly caught by the gantry tower from which, only minutes earlier, it had taken off. Thanks to this marvel of engineering, big rockets could become reusable and space exploration cheaper and bolder. Yet, just as the launch was a testimony to American enterprise, so Elon Musk, SpaceX’s founder, captures all that is going wrong with its politics. In his support for Donald Trump, Mr Musk has spread misinformation about voter fraud and hurricane relief and derided his opponents as ill-intentioned idiots.

This article appeared in the Leaders section of the print edition under the headline “The envy of the world ”

From the October 19th 2024 edition

Discover stories from this section and more in the list of contents

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Make what you will of Elon Musk, his rocketry firm is a marvel of free markets

America’s economy is soaring—even with the MAGA tax

The country’s world-beating performance comes with a handicap

Why NATO needs a Plan B

Mark Rutte is wrong to quash talk of one. The risks of the alliance unravelling are too great to ignore

Not all Donald Trump’s peacemaking boasts are empty

But to end Congo’s terrible war, America must remain neutral

Source: https://www.economist.com/leaders/2024/10/17/americas-economy-is-bigger-and-better-than-ever